(Tiper Stock Exchange) – Inditexthe Spanish apparel group that owns the Zara brand, closed the period ending Oct. 31 with rising net profit despite high inflation and the conflict in Ukraine over its business.
The Net income it therefore stood at 1.3 billion euro against the 1.23 billion recorded in the previous period.
THE revenues amounted to 23.1 billion euros, up 19% compared to the same period of 2021. Ebitda rose by 20% to 6.5 billion while theebit by 27% to 4.2 billion while net income grew by 24% to 3.1 billion.